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Banking News (February 26th, 2021)

Banking News (February 26th, 2021)

Friday 26, 02 2021
Check out the news brief of the banking industry on February 26th, 2021.

+ VinBus Eco Transport Service Company Limited (under Vingroup Group) and Vietnam National Payment Joint Stock Company (NAPAS) signed a cooperation agreement on providing ticket e-payment solutions on the electric bus system. This contributes to strengthening the utility ecosystem for Vingroup electric buses, including charging stations, intelligent operation management systems, and fast, convenient payment services. Thanks to this cooperation, passengers can pay for VinBus bus tickets by payment card, e-wallet or top up their monthly ticket without going to ticketing points.

+ Vietbank implements the program "Li Xi Online, Khai Xuan Nhu Y" from January 13th to February 26th, 2021 for customers who register and use the online lucky money feature on the Mobile Vietbank Digital application. Besides all free new opening fees, customers also receive Phat Loc lucky money valued at VND 86,000. This promotion applies to 500 new customers registering and successfully activating Mobile Vietbank Digital services earliest and the first 680 customers using the Online lucky money feature to give lucky money to 10 or more people from February 12th - 21st, 2021. 


+ From February 12th to February 27th, 2021, Sacombank implements the program "Khai Xuan Don Loc" to bring luck to customers. Accordingly, Sacombank gives lucky money to customers who save deposits, use Sacombank's online channels such as electronic banking (including Mobile Banking, Internet Banking), and Sacombank Pay application. The total amount of given money given is up to more than VND 1.5 billion. 

+ Saigon Commercial Joint Stock Bank (SCB) signed a strategic agreement with the representative of Kiraboshi Bank in Vietnam - Kiraboshi Business Consulting Vietnam. SCB will coordinate with Kiraboshi Bank to take care of Kiraboshi's individual customers living, working, and traveling in Vietnam. At the same time, SCB will coordinate with Kiraboshi to provide financial solutions for Japanese corporate customers operating in Vietnam.


+ Until March 31st, 2021, when individual customers save deposits of VND 100 million with a term of 3 - 6 months when participating in Dai-ichi Life Vietnam life insurance, they will be refunded with a 1% p.a. interest rate following their deposit terms. Moreover, until February 28th, 2021, individual customers who are using or have recently activated the e-banking service and newly participate in a Dai-ichi Life Vietnam life insurance contract will get a 10% refund when paying the first-period premium. 

+ Military Commercial Joint Stock Bank (MB) signed a strategic cooperation agreement with Vietnam Vaccine Joint Stock Company (VNVC). MB will provide non-cash payment solutions for the services of VNVC on multiple channels. With the solutions of vaccination schedule and digital payment, VNVC customers can use various payment methods on both VNVC and MB ecosystems. Therefore, waiting times are reduced, contributing to increased customer experience. Moreover, the two parties will also share the customer ecosystem of each to increase maximum benefits for customers.


+ Southeast Asia Commercial Joint Stock Bank (SeABank) signed strategic cooperation of Artificial Intelligence (AI) and Cloud Computing with FPT Smart Cloud. SeABank will become the first unit in the Vietnamese banking system to put FPT Virtual Assistant into operation. AI will bring seamless experiences and services to customers, and improve banking performance.


+ Vietbank announced the Board of Directors' resolution on the change of the Chairman's position. Accordingly, Mr. Bui Xuan Khu - Vice Chairman of the Board of Directors was elected to hold the title of Chairman of the Board of Directors, replacing Mr. Duong Ngoc Hoa from February 23th, 2021. 

Compiled by VietnamCredit

Banking & Finance

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